If you are talking about seller financing notes then conventional financing will limit how much you finance (see other comments by other people - you will be limited to 90% of the price unless it's done through a non-profit) - I have had several clients use note financing in what the call agency loans, ie Fannie Mae and Freddie mac 1-4 unit properties.

Seems like a no brainer to me, but you know how whacky these banks/agencies are...

They aren't getting that from the agencies.  

I put blame squarely on the shoulders of the rating agencies like S&P and Moody's that slapped AA ratings on MBS backed by subprime and made it available for much less sophisticated investors like pension plans.

@J Scott Can you share the name of the insurance agency you are using?

I would always recommend having an agent represent you on the buy side vs dual agency. 

I'm not sure if she does wrap-arounds but I know that she is investor friendly:Mary Saer with Great American Title Agency 

He said he would make it happen, and I hope this is true, but if he doesn't come through on his recent commitment, I am going to call his agency and see if I cannot get a different realtor on the case.

You are right about areas and inspection (and even inspectors) being different so I'm trying to find specific info from the agency...difficult to get a hold of anyone.

Chapter 132, which provides that “the public records and public information compiled by the agencies of North Carolina government or its subdivisions are the property of the people.